Legal Question in Administrative Law in Michigan
LLC for a non profit
Can a non profit(501c3) apply as a LLC
Asked on 10/10/08, 5:42 pm
1 Answer from Attorneys
Patrick Tracy
Patrick J. Tracy, Esq, P.E.,
Re: LLC for a non profit
In general, under IRS rules a 501(c) corporation must be a "C" corporation with special conditions as outlined in their regulations.
Answered on 10/10/08, 6:16 pm
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